With the average transaction size on the platform being a little over $100, the drop in transaction fees is no doubt going to help bring more people onto the bitcoin and crypto space and help increase the use of crypto in everyday conversations.

As the coronavirus pandemic continues to take a heavy toll on African economies, the drop in transaction fees is obviously going to grow crypto usage similar to how a drop in mobile money and MPESA transactions has fueled growth in cashless transactions.

POPULAR CATEGORY

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here:
Cookie Policy

ABOUT US

BitcoinKE is your one-stop destination for all things Bitcoin, cryptocurrencies, and Blockchain in Kenya and Africa. We cover news, events, meetups, and interviews with founders and experts in the cryptocurrency and Blockchain space on the African continent.
Everything Decentralized !